Vapiano to launch in travel hubs through partnership with HMSHost The two businesses have announced a partnership to open locations in airports, train stations and outlet centres in the UK and mainland Europe. The new sites will be tailored toward the demands of the specific travel locations in which they operate. Read more.
Reckitt Benckiser posts 2% like-for-like Q1 sales growth to £3.1bn The company's recently acquired Mead Johnson Nutrition business reported a revenue increase of 6% on the back of a strong performance in Asia. Reckitt stated that it is on track to meet its full-year target of 13% to 14% revenue growth. Read more.
Apax Digital-backed luxury ecommerce site Moda Operandi reveals Asian growth ambitions The company posted 69% revenue growth last year, with 8% coming from its Asian operations. Moda Operandi plans to ramp up its global expansion efforts and is looking for a permanent space for a showroom in Asia. Read more.